# Medtronic expands manufacturing operations in Costa Rica with $65M investment

Medtronic opened a third manufacturing module of approximately 5,000 m2 in Coyol Free Zone, Costa Rica, as part of a $65 million expansion that started in 2020 and will continue until 2024. The expansion will increase production capacity by 9% by 2025 and create new jobs.

- Type: Expansion
- Announced: 2022-11-08
- Where: Coyol Free Zone, Alajuela, Costa Rica
- Value: $65.0M
- Jobs: 60
- Starts operating: 8 Nov 2022
- Status: under construction
- Capacity: 10,000 m2 total capacity
- Products: spinal surgery devices
- Sectors: [Medical Devices](https://endata.com/sectors/medical-devices.md)

## Companies

- [Medtronic plc](https://endata.com/companies/19071.md)

## Sources

- [cinde.org](https://www.cinde.org/en/essential-news/medtronic-estimates-a-65-million-investment-in-the-expansion-of-its-manufacturing-operations-in-costa-rica), 2022-11-08: "Medtronic opened its third manufacturing module close to 5,000 m2 in Costa Rica"
- [myt.connectab2b.com](https://www.myt.connectab2b.com/post/medtronic-invertir%C3%A1-65-millones-en-expansi%C3%B3n-y-requerir%C3%A1-60-nuevos-colaboradores-en-costa-rica), 2022-11-09: "Medtronic, empresa mundial en la industria de tecnología médica, inauguró su tercer módulo de manufactura, que además contratará a 60 colaboradores nuevos para este plan para el plan inyectará US$65 millones de dólares en Costa Rica."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.